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Rand-Dollar Rate Hurts Shares

JOHANNESBURG, South Africa -- Share prices closed up, but gains were pared late in the session as a lower rand and renewed concern over Brazilian debt pressured the market.

At the close of trading on the Johannesburg Stock Exchange, the broad-measure All Share Index was up 46 to 5727 while the Industrial Index rose 47 to 6598. The All Gold Index advanced 35, or 3.8%, to 946.